barriers to entry
- Created by: Tom
- Created on: 08-01-14 10:31
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- Barriers to Entry
- High set-up costs
- Costs that are necessary to start a business
- e.g. cost of the taxi to a taxi firm
- Costs that are necessary to start a business
- Economies of scale
- Managerial
- Purchasing
- Financial
- Technical
- Legal
- Regulations
- e.g health and safety standards
- Regulations
- Brand loyalty
- Intimidation
- Predatory pricing
- High set-up costs
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